Glencore plc (LON:GLEN)
London · Delayed Price · Currency is GBP · Price in GBX 514.50
+4.00 (0.78%)
Jul 13, 2026, 4:35 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 625p. The average 1-year stock price forecast is 21.50% higher than the current stock price, while the lowest is 484p (-6.02%) and the highest is 772p (+50.05%).
Price Target: 625p (+21.50%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 6 | 6 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Reiterates 560p → 520p | Hold | Reiterates | 560p → 520p | +1.07% | Jul 10, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Upgrades n/a | Buy | Upgrades | n/a | n/a | Jul 9, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains 610p → 590p | Buy | Maintains | 610p → 590p | +14.67% | Jul 8, 2026 |
| Barclays | Barclays | Buy Reiterates 468p → 475p | Buy | Reiterates | 468p → 475p | -7.59% | Jul 8, 2026 |
| Jefferies | Jefferies | Buy Maintains 720p → 700p | Buy | Maintains | 720p → 700p | +36.05% | Jul 6, 2026 |
Financial Forecast
Revenue This Year
285.60B
from 247.54B
Increased by 15.38%
Revenue Next Year
277.34B
from 285.60B
Decreased by -2.89%
EPS This Year
0.58
from 0.20
Increased by 188.96%
EPS Next Year
0.60
from 0.58
Increased by 4.59%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 335.4B | ||
| Avg | 285.6B | ||
| Low | 238.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 35.5% | ||
| Avg | 15.4% | ||
| Low | -3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.82 | ||
| Avg | 0.58 | ||
| Low | 0.40 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 309.1% | ||
| Avg | 189.0% | ||
| Low | 100.0% |